178 Victoria Road, Saint Clair, Dunedin, Otago

Perfectly positioned just moments from the beach, cafés, schools and all the lifestyle perks St Clair is famous for, 178 Victoria Road presents a rare dual-income or extended family opportunity with two homes on one title. The front home features three generous bedrooms, light-filled open-plan living, dining and kitchen, and a sunny alfresco area ideal for relaxed entertaining. Recently updated with a new roof and offered fully furnished, this home is kept warm and comfortable year round with a fire on wetback, heat pump, and insulation underfloor and in the roof space. Privately positioned to the rear is a modern two-bedroom townhouse with its own outdoor living space. Fully double glazed and equipped with a heat pump, it is easy to heat and cool in all seasons. Both homes enjoy easy-care sections, excellent indoor/outdoor flow and off-street parking. Currently operated as an investment with both long- and short-term accommodation, the returns are compelling. The two bedroom townhouse has a rental history of $620 per week, the three-bedroom home $750 per week, while the front house has achieved approximately $60,000 per year as short-term accommodation, minus expenses of approximately $10,000 (cleaning, power, and internet). Versatile, well-located and income-generating — this is a St Clair property not to be missed.